Why is the process of ending services often overlooked when a loved one dies?
If
you were to make a list of all of the accounts, subscriptions,
institutions, and service providers that you had to cancel, we guarantee
you would miss a few. When you imagine having to do that for another
person, you might start to feel overwhelmed, especially during an
emotionally difficult time. People often overlook these tasks because
they’re not ready to think about them. These responsibilities are simple
and relatively easy but are hugely time-consuming and tedious
to organize. The combination of the sheer weight of work, lack of
urgency, and the emotional state of the relatives causes a lot of
grieving families to keep pushing it off to the side.
What are some fees that can be incurred if it's not taken care of promptly?
The
most common and avoidable fees people encounter are those attached to
various memberships and subscriptions. Many of these services will
charge the user automatically at the beginning of each payment period.
If the subscriptions are not canceled, a family member will often have
to go through the trouble of contacting each company and negotiating a
refund. A refund may not even be possible depending on the amount of
time that has passed. There are also fees charged by banks for a wide
variety of reasons which can be avoided with thorough estate planning.
There is also an underestimated threat of identity theft which has the
potential to be financially devastating. Deceased individuals are at a
higher risk since their information is less protected. While some
families who do not have many subscriptions, services, or accounts might
get away with losing a small and perhaps negligible amount of money, it
is not difficult to imagine a family losing a tremendous amount of
money from a combination of fees and identity fraud.
How was Attendant started?
Like
most ideas, Attendant started out as a desire to address a need and a
feeling that something important was missing. We felt that there weren’t
enough companies helping people with the difficult issues that
everybody goes through. In fact, we found it a little worrying how
little assistance many people receive on the matters they need a great
deal of help with. Through personal experience and by observing the
experience of others who have lost loved ones, we realized this was a
real problem but people were quietly bearing through the process or
simply ignoring it. Attendant wanted to find a way to help these people
and after some time we were finally able to move from an idea phase to
reality after we received strong funding from our investors in Chicago.
How does it help save both time and money?
The
time families save is the time they otherwise would be spending waiting
on the phone for a representative or filing paperwork. We dramatically
decrease the amount of paperwork that needs to be done and nearly
completely eliminate the need for any long phone calls. Our services
also allows families to feel at ease knowing that the work is being
completed for them. In terms of the money they are saving, we help
families receive their benefits, prevent extraneous fees, obtain refunds
if possible, negotiate bills and debt, and also prevent identity theft.
We also ensure that these processes are being completed properly and
thoroughly so that so that families do not have to worry about fees or
payments surprisingly them later on.
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